Market Overview:
The global automotive-grade SiC power device market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and rising concerns over vehicular emissions. Additionally, the growing demand for semiconductor devices in various applications such as DC/DC converters, on board chargers, inverters, and others is also propelling the growth of this market. Based on type, MOSFETs are expected to account for a major share of the global automotive-grade SiC power device market during the forecast period. This can be attributed to their high efficiency and low switching losses as compared to other types of semiconductor devices. Based on application, DC/DC converters are estimated to account for a major share of this market during the forecast period owing to their widespread use in electric vehicles and hybrid vehicles.
Product Definition:
An automotive-grade SiC power device is a semiconductor device that is specifically designed for use in automotive applications. These devices offer many advantages over traditional silicon-based devices, including higher efficiency, smaller size, and improved thermal performance. As a result, they are increasingly being used in powertrain and vehicle subsystems applications.
MOSFET:
MOSFET (Metal Oxide Semiconductor Field Effect Transistor) is a type of power device which was developed as an improvement over the traditional bipolar transistors. The MOSFET has better features such as low on-state voltage, high switching frequency and small physical size compared to its counterpart, making it suitable for use in various applications including automotive-grade SiC power devices.
SBD:
Silicon Carbide (SiC) Power Device is a semiconductor material that exhibits superior properties such as high thermal conductivity, low power bandgap, and large specific heat compared to silicon. SiC devices have been commercialized for various applications in the automotive industry.
Application Insights:
In terms of revenue, the DC/DC converter application segment dominated the overall industry in 2017. This is attributed to growing demand for such devices from various automotive applications including on board charger and inverter. The on-board charger application segment is expected to witness significant growth over the forecast period owing to increasing demand for energy efficient power supplies in various automotive applications.
The other applications include infotainment system, body electronics and HVAC among others. In terms of revenue, HVAC accounted for a share of 15% in 2017 while body electronics & infotainment system was at 11%. Increasing usage of electronic systems within vehicles has led manufacturers towards developing advanced products with enhanced efficiency levels which are ultimately likely to drive product demand over the coming years.
Increasing use cases across multiple industries including consumer electronics, renewable energy generation and transportation have driven innovation with respect SiC materials that exhibit superior properties such as high thermal conductivity along with low electrical resistivity.
Regional Analysis:
Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rising product demand from key industries such as automotive, aerospace & defense, computing & electronics, and industrial applications.
The increasing adoption of electric vehicles across countries such as China and India coupled with growing infrastructure development for charging stations is anticipated to drive the market growth over the forecast period. Furthermore SiC power devices are used in hybrid electric vehicles (HEVs) owing to their ability to provide high efficiency along with superior performance under heavy load conditions compared to other technologies used in HEVs such as Silicon Carbide (SiC) Power Devices (SSPDs), Superconductor Power Diode (SSDs). These factors have led Asia Pacific region emerge a dominant force in terms of both volume and revenue generation throughout this study.
Growth Factors:
- Increasing demand for electric vehicles and hybrid vehicles
- Rising demand for semiconductor devices in automotive applications
- Growing popularity of power electronics in automotive industry
- Proliferation of autonomous and connected cars
- Stringent government regulations to promote the use of energy-efficient technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive-grade SiC Power Device Market Research Report
By Type
MOSFET, SBD, Diodes
By Application
DC/DC Converter, On Board Charger, Inverter, Other Applications
By Companies
STMicroelectronics, ROHM CO.，LTD., Starpower, Wolfspeed, Infineon Technologies, ON Semiconductor, Littelfuse, Microchip, Mitsubishi Electric, GeneSiC Semiconductor Inc., Shenzhen BASiC Semiconductor LTD, Imperix
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Automotive-grade SiC Power Device Market Report Segments:
The global Automotive-grade SiC Power Device market is segmented on the basis of:
Types
MOSFET, SBD, Diodes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
DC/DC Converter, On Board Charger, Inverter, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- STMicroelectronics
- ROHM CO.，LTD.
- Starpower
- Wolfspeed
- Infineon Technologies
- ON Semiconductor
- Littelfuse
- Microchip
- Mitsubishi Electric
- GeneSiC Semiconductor Inc.
- Shenzhen BASiC Semiconductor LTD
- Imperix
Highlights of The Automotive-grade SiC Power Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- MOSFET
- SBD
- Diodes
- By Application:
- DC/DC Converter
- On Board Charger
- Inverter
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive-grade SiC Power Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive-grade SiC power device is a specialized electronic component that can be used in automobiles and other vehicles. It is designed to provide reliable power for various systems, such as the engine, brakes, and navigation system.
Some of the key players operating in the automotive-grade sic power device market are STMicroelectronics, ROHM CO.，LTD., Starpower, Wolfspeed, Infineon Technologies, ON Semiconductor, Littelfuse, Microchip, Mitsubishi Electric, GeneSiC Semiconductor Inc., Shenzhen BASiC Semiconductor LTD, Imperix.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive-grade SiC Power Device Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive-grade SiC Power Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive-grade SiC Power Device Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive-grade SiC Power Device Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive-grade SiC Power Device Market Size & Forecast, 2018-2028
4.5.1 Automotive-grade SiC Power Device Market Size and Y-o-Y Growth
4.5.2 Automotive-grade SiC Power Device Market Absolute $ Opportunity
Chapter 5 Global Automotive-grade SiC Power Device Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive-grade SiC Power Device Market Size Forecast by Type
5.2.1 MOSFET
5.2.2 SBD
5.2.3 Diodes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive-grade SiC Power Device Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive-grade SiC Power Device Market Size Forecast by Applications
6.2.1 DC/DC Converter
6.2.2 On Board Charger
6.2.3 Inverter
6.2.4 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive-grade SiC Power Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive-grade SiC Power Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive-grade SiC Power Device Analysis and Forecast
9.1 Introduction
9.2 North America Automotive-grade SiC Power Device Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive-grade SiC Power Device Market Size Forecast by Type
9.6.1 MOSFET
9.6.2 SBD
9.6.3 Diodes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive-grade SiC Power Device Market Size Forecast by Applications
9.10.1 DC/DC Converter
9.10.2 On Board Charger
9.10.3 Inverter
9.10.4 Other Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive-grade SiC Power Device Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive-grade SiC Power Device Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive-grade SiC Power Device Market Size Forecast by Type
10.6.1 MOSFET
10.6.2 SBD
10.6.3 Diodes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive-grade SiC Power Device Market Size Forecast by Applications
10.10.1 DC/DC Converter
10.10.2 On Board Charger
10.10.3 Inverter
10.10.4 Other Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive-grade SiC Power Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive-grade SiC Power Device Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive-grade SiC Power Device Market Size Forecast by Type
11.6.1 MOSFET
11.6.2 SBD
11.6.3 Diodes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive-grade SiC Power Device Market Size Forecast by Applications
11.10.1 DC/DC Converter
11.10.2 On Board Charger
11.10.3 Inverter
11.10.4 Other Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive-grade SiC Power Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive-grade SiC Power Device Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive-grade SiC Power Device Market Size Forecast by Type
12.6.1 MOSFET
12.6.2 SBD
12.6.3 Diodes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive-grade SiC Power Device Market Size Forecast by Applications
12.10.1 DC/DC Converter
12.10.2 On Board Charger
12.10.3 Inverter
12.10.4 Other Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive-grade SiC Power Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive-grade SiC Power Device Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive-grade SiC Power Device Market Size Forecast by Type
13.6.1 MOSFET
13.6.2 SBD
13.6.3 Diodes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive-grade SiC Power Device Market Size Forecast by Applications
13.10.1 DC/DC Converter
13.10.2 On Board Charger
13.10.3 Inverter
13.10.4 Other Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive-grade SiC Power Device Market: Competitive Dashboard
14.2 Global Automotive-grade SiC Power Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 STMicroelectronics
14.3.2 ROHM CO.，LTD.
14.3.3 Starpower
14.3.4 Wolfspeed
14.3.5 Infineon Technologies
14.3.6 ON Semiconductor
14.3.7 Littelfuse
14.3.8 Microchip
14.3.9 Mitsubishi Electric
14.3.10 GeneSiC Semiconductor Inc.
14.3.11 Shenzhen BASiC Semiconductor LTD
14.3.12 Imperix
